secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE CAPITAL CORP (GLAD)
CIK:        0001143513
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001193125-24-198920
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Capital increases credit facility by $25M via Webster Bank commitment boost
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- Webster Bank's commitment raised from $40M to $65M, expanding total revolving credit facility by $25M.
- Total lender commitments after amendment include KeyBank (~$70.4M), ING (~$38.4M), Huntington (~$21.3M), and others.
- Amendment effective August 12, 2024; no early termination events or defaults were outstanding.
- Facility retains standard covenants, collateral-based borrowing constraints, and customary terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1143513/000119312524198920/0001193125-24-198920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1143513/000119312524198920/d882402d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-198920

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